Energy abundance and economic growth : international and Canadian evidence / by Ross McKitrick and Elmira Aliakbari ; project director: Kenneth P. Green
Published
Vancouver, British Columbia : Fraser Institute, [2014]
Beaconsfield, Quebec : Canadian Electronic Library, 2014
Executive summary -- Introduction -- National and international evidence on the energy-GDP link -- New Canadian evidence on the energy-GDP link -- Discussion and conclusions -- References -- Appendix I: Detailed explanations of technical methods -- Appendix II: Further details on the Canadian model -- About the author -- Acknowledgments -- Publishing information -- Supporting the Fraser Institute -- Purpose, funding, & independence -- About the Fraser Institute -- Editorial Advisory Board
Summary
"Economic growth in the modern world is fueled by energy. Although the total size of the economy tends to grow faster than total energy consumption, the two nonetheless trend together over the long run. This raises an important research question: Does economic growth cause an increase in energy consumption, or does an increase in energy availability cause an increase in economic activity, or both?"-- Executive summary
